BITCOIN SHORT ,TARGET 43800$Nice fibonacci retracement, trendline is looking good ,i think the resistance will hold and will push btc down to that reload zone at 43k.
Bitcoin-short
Bearish Divergence Forming BTCLooks to be forming bearish divergence, along with stuggling to break above key resistance.
BTC Short-term Analysisbtc is in the Rising Wedge pattern
In the current rise of bitcoin, it has reacted and corrected each time to the support levels (purple arrows) of bitcoin.
This current bitcoin wave is very similar to the 3d drive pattern. Which has corrected 38.2 Fibonacci at each time.
After this ascent in the $ 55,000 area, we will complete the Rising Wedge and 3d-drive pattern and prepare for the C-wave bitcoin downtrend in two months.
BTC - 4HJust focusing on current price action, pretty confident in this bias.
Higher time frame analysis also aiding this bias.
BTC/USDT Possible Short Trade SetupLike if you agree with my idea, and feel free to comment your thoughts or any questions you have in the comments section below. Much appreciated.
BTC Bull Trap ShortQQE Daily has crossed down, and the RSI has been overbought for a while now. BTC looks to be curling to the downside (lower high).
Bitcoin overextended phase endsHi everyone!
I am sorry for the basic drawings, i just wanted to publish my idea to see, how many of you agree and disagree with the retracement
as i havent seen any recent retracement idea.
I can see that people are extreme bullish and personally i would be also, if we could hold that 20WMA above the ribbons for few more weeks,
plus breaking the weekly closing high (60k).
I believe thats not gonna happen for a while, in case it will, i will open longs.
On the other hand there are main weekly support lines under the 20k area which i illustrated and i will buy more in case it will touch these key levels.
Happy trading everyone!
BTC/USDT - Midterm gameplan (4H) Hi Traders,
Right now we are approaching important level (Golden pocket = 0.618 of the Drop). In my opinion its wave B and one more wave DOWN should come.
But we have to consider Bullish scenario.
In case we break up to 56K and confirm 50-51K level as support, more growth will come. ;)
Take care and trade safe.
Another Bitcoin DROP! (WARNING) Just base on TA from Higher all the way down to LOWER TIME FRAME.
Nothing to say but a chart to Show.
Thank you
bitcoin shorthi bitcoin berak down trenline and i have this idea for bitcoin . i have short potition for bitcoin and wait for 38840
ADA DAILY CHART - POINTS TO WATCH AT!ADA DAILY CHART!
Points you should watch at ADA.
I expect an pullback at around 2.30$.
Updates will follow!
BTCUSDT second zone for shortWe have a great key level $46780 for sell position with 0.5 Fib and over buy RSI
Soon or late ( not that late) we'll go down to decision areahi again
I pointed out waves and based on that I believe that this wave we had and its going to end , is wave c
after correction to 41-42 area things will be clearer
so reasons I consider as short signal :
1-divergence in RSI in overbought zone
2-decreasing of Volume tells us that trend's got week
3-rising wedge which is a bearish sign
4- major resistance 48-50
5- the price reached top of bolinger bands
anyway I suggest you waiting for breaking out of rising wedge and then set up short position
Thanks for reading
support me with like , cm and follow
BTC RISING WEDGE 4H - Short setupBtc-Usdt in a bearish rising wedge
Short on breakdown confirmation
No financial advice
Targets on arrows
BTC 4h Bearish Rising Wedge - 3 ScenariosBtc is in a bearish rising wedge.
Wait for breakout confirmation for potential short.
~=Not Financial Advice=~
BITCOIN SHORT IDEAwatch my entry prices
Clearly you're seeing that BTC is forming a rising wedge pattern, and is going to break to the downside most probably.
A drop is needed! Hello traders , looking at the weekly chart of bitcoin we see that a correction is needed.. Something that has not been done lately, in my analysis, the market will do its job as always
Bitcoin is in a RISING WEDGE pattern. Respected Traders,
With 100000% percent absolute certainity, i am about to tell you is that BTC will fall from $50k level down to golden pocket of about $35-36k. Also the RSI is in a bearish pattern and the volume down isn't helping either. So start shorting if you don't see any positive news.
Your fellow mate
DANTE
Beware of this BTC bull trap - First 50k then 15kHey Guys,
as always: My Elliot Wave Count plus all other informations affirming my thesis are attached on the Chart.
Short bitcoin after fill the gapwe are still in major correction phase and i believe end of this minor bullish correction is around 50k
Bitcoin to drop to 40k / 38K before continuation of rallyDouble top on 6H RSI and lower highs on bitcoin point towards likely drop to 38-40K buy zone. Weekly green candle close of BTCUSDT is less than half of previous red candle's body, another sign of weakness.
Weak third consecutive SP500 weekly close is hinting that the 1.9T stimulus package is already factored in the price and a tumble on today's stock market open will serve as the catalyst for bitcoin's dump to 40k.
With serious buyers interest at 40k support we will likely continue from there to 55k+ and that bounce at 40k will be the best buying opportunity for alts too. I will post a long idea if the dump materialises.
Target 1: 40k
Target 2: 38,5k
It takes time to find the bottomJust a little thoguht experiment here based on a fractal of last bear market. looks pretty logical to me. I think we continue down from here with the possibility of going to 47k first.
Bitcoin - redistribution phase Wyckoff -> road to 20kBitcoin - redistribution phase Wyckoff -> road to 20k
